UAE's Ajman Bank finalising $205 mln Islamic syndicated loan -bankers

The loan, which has a two-year maturity and a murabaha format, will be completed imminently, the sources said, with one saying it would close as soon as Wednesday.

Ajman Bank did not respond immediately to a request for comment.

The loan is backed by lenders including Noor Bank, which is investment agent and bookrunner, and Dubai Islamic Bank , the sources said.

Ajman Bank raised $155 million through another two-year murabaha loan in March last year and an additional $200 million three-year syndicated Islamic debt facility in January 2015. (Reporting by Davide Barbuscia; Editing by Andrew Torchia and David Goodman)